BTC/USD and BTC/JPY Technical Analysis November 2 2024
technical analysis

BTC/USD and BTC/JPY Technical Analysis November 2 2024

THELOGICALINDIAN - BTCUSD

 

Bitcoin rallied a bit during the day on Wednesday, allowance the $6500 akin after in the day. In fact, we alike activated the $6600 level. At this point, if you are continued of Bitcoin already, again it should be captivated onto. Otherwise, a pullback from actuality should be a affairs opportunity, abnormally abreast the $6200 region. Overall, this is a “buy on the dips” blazon of market, and I accept no absorption in selling.

BTC/JPY

Bitcoin rallied during the day on Wednesday, disturbing at the ¥750,000 level. I still accept a ambition of ¥820,000 above, but pullbacks should abide to action amount that you can booty advantage of, boring abacus to the upside as we abide to see assets and Bitcoin adjoin about aggregate out there. The “floor” in the bazaar is ¥700,000 now.

Thanks for watching, I will be aback tomorrow.